Analysis
Loyola University Chicago's accounting graduates earn $69,965 one year out, placing them in the 95th percentile nationally and 80th percentile among Illinois accounting programsβimpressive positioning that nearly matches elite state competitors like Illinois Wesleyan while maintaining manageable debt levels. With first-year earnings 30% above the national median and 27% above the state median, this program delivers substantially more earning power than typical accounting degrees.
The financial picture looks particularly strong when you consider the debt load. At $22,125, it's below both the state and national medians for accounting programs, creating a debt-to-earnings ratio of 0.32βmeaning graduates earn more than three times their debt in the first year alone. Earnings continue climbing to $82,642 by year four, though this 18% growth rate is solid rather than exceptional. The moderate sample size of 30-100 graduates provides reasonable confidence in these figures.
The real value here is geographic arbitrage: Loyola combines an 81% acceptance rate with near-elite earnings outcomes. Your child can avoid the ultra-competitive admissions at UIUC while still landing in Chicago's robust accounting job market with only slightly lower earnings. For families prioritizing both admission certainty and strong financial returns, this program hits an unusually favorable sweet spot.
Where Loyola University Chicago Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Loyola University Chicago graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Loyola University Chicago | $69,965 | $82,642 | +18% |
| Illinois Wesleyan University | $70,831 | $85,000 | +20% |
| University of Illinois Urbana-Champaign | $74,731 | $80,736 | +8% |
| DePaul University | $69,250 | $80,614 | +16% |
| Dominican University | $57,187 | $76,672 | +34% |
Compare to Similar Programs in Illinois
Accounting bachelors's programs at peer institutions in Illinois (42 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,716 | $69,965 | $82,642 | $22,125 | 0.32 | |
| $16,004 | $74,731 | $80,736 | $20,500 | 0.27 | |
| $55,704 | $70,831 | $85,000 | $27,000 | 0.38 | |
| $44,460 | $69,250 | $80,614 | $24,500 | 0.35 | |
| $39,680 | $65,842 | $72,938 | $26,925 | 0.41 | |
| $14,338 | $65,680 | $67,984 | $18,750 | 0.29 | |
| National Median | β | $53,694 | β | $25,000 | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Loyola University Chicago, approximately 23% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 64 graduates with reported earnings and 88 graduates with debt data. Small samples may not be representative.